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Bill would let school districts use in‑lieu revenues to reduce local contribution for building projects
Summary
House Bill 11‑30 would give school districts an option to count in‑lieu revenues toward the local contribution deducted in the state school aid formula when the money is used for construction, potentially shifting how state aid and local levies interact for districts that have passed bond referendums.
Representative David Richter introduced House Bill 11‑30 to the Senate Education Committee, saying the measure offers school districts a second option for calculating the local contribution used in the state school aid formula when those dollars are used for construction. "House Bill 11‑30 comes out of the presentations and discussions with the interim school task force," Richter said as he described the proposal.
The bill would allow a district that passes a bond referendum to elect, for construction projects, to reduce the local contribution deduction by the share of its local contribution that comes from in‑lieu revenues (payments made to districts based on production rather than property valuation). Under current law districts use sinking and interest (bond) mill levies for certain deductions; HB 11‑30 would let districts choose either the existing sinking‑and‑interest‑based method or the new in‑lieu‑based calculation.
Why it matters: supporters say the change lets production‑based revenues (for example, certain oil, gas, telecommunications, or mobile home payments classified as…
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